...facilities to the rural districts. It was specifically provided that a Federal reserve bank might "discount notes, drafts, and bills of exchange arising out of...been used or are to be used for such purposes." The Federal Reserve Board was given the right to define the character of paper thus eligible for discount....

...banks, with a waiver of demand, notice and protest by such bank, any Federal reserve bank may discount notes, drafts, and bills of exchange arising out of...been used, or are to be used, for such purposes, the Federal Reserve Board to have the right to determine or define the character of the paper thus eligible...

...banks, with a waiver of demand, notice and protest by such bank, any Federal reserve bank may discount notes, drafts and bills of exchange arising out of...been used, or are to be used, for such purposes, the Federal Rerserve Board to have the right to determine, or define the character of the paper thus eligible...

...may discount notes and bills of exchange arising out of the commercial transactions; that is, notes and bills of exchange issued or drawn for agricultural,...purposes, or the proceeds of which have been used or may be used for such purposes; tlie Federal reserve board to have the right to determine or define...

...bank may discount notes and bills of exchange arising out of a commercial transaction; that is, notes and bills of exchange issued or drawn for agricultural,...purposes, or the proceeds of which have been used, or may be used, for such purposes. That is not commercial paper at all. according to any known rule of...

...banks, with a waiver of demand, notice and protest by such bank, any Federal reserve bank may discount notes, drafts and bills of exchange arising out of...been used, or are to be used, for such purposes, the Föderal Reserve Board to have the right to determine or define the character of the paper thus eligible...

...commercial loans maturing within ninety days. Commercial loans are generally denned in the act as " notes, drafts and bills of exchange arising out of...been used or are to be used for such purposes." The Federal Reserve Board is authorized to define more precisely the nature and character of eligible paper....

...commercial loans maturing within ninety days. Commercial loans are generally denned in the act as " notes, drafts and bills of exchange arising out of...been used or are to be used for such purposes." The Federal Reserve Board is authorized to define more precisely the nature and character of eligible paper....

...banks, with a waiver of demand, notice and protest by such bank, any Federal reserve bank may discount notes, drafts, and bills of exchange arising out of...used, or are to be used, for such purposes — the Federal Reserve Board to have the right to determine or define the character of the paper thus eligible...

...with a If 88 waiver of demand, notice and protest by such bank, any Federal reserve bank may discount notes, drafts, and bills of exchange arising out of...been used, or are to be used, for such purposes, the Federal Reserve Board to have the right to determine or define the character of the paper thus eligible...